Wow... it has taken till now to announce that they will not meet guidance! One of the reasons I did exit was I did not trust management and for them to only now mention that they will not meet guidance is poor governance. Given the difference in what was orginally stated, they must have known ages ago that they would not have met their guidance! I expect further cash burn for the next few quarters.
https://hotcopper.com.au/threads/ann-sales-agreement-executed-in-high-value-pharmaceutical-market.7892701/page-13?post_id=72917829
Original vs Revised!
Ann: Market Update, page-2
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